Premiums; Taxes; Fees; Royalties. 2.5.1 That portion directly attributable to this Agreement of premiums for insurance and the Statutory and Performance Bonds. In the event that the Design/Builder elects to self-insure against one or more risks associated with the Work, the cost of insurance for such risks shall be deemed to be the lowest guaranteed cost then available to the Design/Builder or the Contractor under a fully insured program.
Appears in 8 contracts
Samples: Design/Build Agreement Community Park Play Structure, Design/Build Agreement Playground Structures, Design/Build Agreement Replacement Playground Structures
